Question: Refer to the data provided in Exercise 2-18. Required: 1. What was the cost of goods sold for March? 2. Why was the cost of

Refer to the data provided in Exercise 2-18.

March 1 March 31 Materials $8,600 1,700 7,000 $2,300 9,000 Work in process Finished goods 6,500

Required:
1. What was the cost of goods sold for March?
2. Why was the cost of goods sold different from the cost of goods manufactured?

March 1 March 31 Materials $8,600 1,700 7,000 $2,300 9,000 Work in process Finished goods 6,500

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